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23 August 2019 | Story Valentino Ndaba
UFS Accountancy students
The UFS School of Accountancy is fast becoming one of the best in the country.

Becoming a Chartered Accountant (SA) entails successfully completing the rigorous education and training requirements set by the South African Institute of Chartered Accountants (SAICA). As part of these requirements, all prospective CAs are required to write SAICA’s challenging Initial Test of Competence (ITC). A total of 83 graduates from the University of the Free State (UFS) passed the 2019 ITC examinations, making the Kovsie community and School of Accountancy proud.

Prof Frans Prinsloo, the Director at the UFS School of Accountancy, applauded the successful graduates – of whom 39 are African, five coloured, one Indian, and 38 white. “More than 55% of our graduates who wrote the exam are black (African, coloured and Indian), demonstrating that our emphasis on building the pipeline of under-represented prospective Chartered Accountants (SA) is paying off in terms of both racial and gender inclusion.”

Rising above the ultimate test

SAICA released the results of the June 2019 ITC examination on Friday 16 August 2019. The ITC examination is the first of two professional examinations required for qualification as a Chartered Accountant (SA), and is written shortly after completion of formal university studies. There are two sittings of this examination annually, in January and June.

Compared to the national average pass rate of 75.4% for the 2019 ITC examinations, UFS BAcc Honours and Postgraduate Diploma in Chartered Accountancy graduates delivered a superior performance. The 94.7% pass show that our graduates are a force to be reckoned with.

Upping standards
More than 10 of the Thuthuka Bursary Programme graduates of 2018 who wrote the 2019 ITC examinations, passed, which translates into a 92% pass for this group. Such an achievement also confirms the success of the bursary programme ‘wraparound support’ interventions, by delivering results well in excess of the national average. These interventions also extend to the development of professional skills essential for the corporate world – thereby ensuring that these graduates are not only technically strong, but ‘work-ready’.

Best in the business of excellence
“These results place the UFS School of Accountancy amongst the best in the country in terms of Chartered Accountancy education, and is testament to the hard work of the academic staff and the quality of our CA programme,” says Prof Prinsloo.

News Archive

Shimlas secure 23-21 Varsity Cup win
2015-03-10

It might have been late but it was enough. A penalty before fulltime saw the Shimla secure a 23-21 win over Nelson Mandela Metropolitan University (NMMU) in Port Elizabeth on Monday night.

 

After beating NMMU on 9 March 2015, Shimlas still remain the only unbeaten side in this years Varsity Cup rugby tournament. However, Shimlas were replaced at the top of the log by the University of Pretoria after the latest round of fixtures.

 

Shimlas flank Refuoe Rampeta crossed for the first try shortly after kick-off, and flyhalf Niel Marais conversion put the UFS in an 8-0 lead early on. Soon after, Shimlas lock, Niel Claassen got over for their second try. Scrumhalf Renier Botha ploughed his way over the line to give Shimlas a heavy 21-0 advantage at the first strategy break.

 

Yet NMMU managed to fight back well for the remainder of the match, bringing the scores level at 21-21. Unfortunately, the home team could not keep this going, and a penalty kick sneaked in before the whistle blew secured the win for Shimlas.

 

UFS-Shimlas point scorers:

Tries: 
Rampeta, Claassen, Botha
Conversions: Marais 2
Penalties: Marais

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